禁漫天堂

Downgraded France, Austria, Spain, Italy, Portugal, Malta, Slovakia, and Slovenia. And in addition Standard & Poor's has placed the majority of EU countries on credit watch: further downgrades to come. Multiple downgrades signal far more than just ... Read More

The number of Authorized mandatories registered to collect the HNWI applications is 36. Question: How many will be the applications? Make your guess Read More

Hi Ricky, thanks for the infos on the German system. Pensions in Germany are lower, but also the contributions paid by employers and employees in the course of the working life are lower. In Britain I don聮t know. French pensions are higher. ... Read More

Ricky, maybe they understood that the new scheme is too much expensive, does not attract the middle class, while the real high net worth people (living on capital revenues, not salaries or pensions) are more attracted by Montecarlo, Andorra, the ... Read More

In Italian we say: Meglio tardi che mai, Better late than never聟 The IRS website has finally published the List of authorized mandatories and a new Guidance notes document. Meaning, I suppose, that the application process for the HNWI scheme has ... Read More

Duffy, a derivative is a contract between two parties based on the price of the underling asset, for example wheat, or the S&P index. One party bets that the asset will grow in value within a set date and buys the future or the option. The second ... Read More

If it is ingots, gold in a safe deposit (hoping that you will not find the bank doors closed one day). If it is small pieces, hide them in the garden or somewhere. And CASH (perhaps in different currencies), under the mattress (or in a better ... Read More

Yesterday we said we聮d like to send the banksters to jail. Today we will say we聭d like to hang them聟 Here is the latest bomb, more deadly than sovereign bonds or even CDS. It is the daisy-chain rehypothecation played in secret by banks and brokers ... Read More

Ricky, If the payers are first those with debts, and in case of partial or total default those who lent them money, we have already a jolly band together. Add in the countries whose banks are linked to the banks that bought the defaulted ... Read More

聯nobody has started being austere聰 Not exactly. The Greeks have already been crushed and bled white, without solving their problems. And Italians will now start paying more taxes, losing their rights to retirement, having their pensions no more ... Read More

What do you make of the Anschluss? I mean, of the German victory in Brussels? Malta聮s ambitions to develop its financial services will be hit by regulations and taxations. And the number of tourists from southern countries will fall, as the German ... Read More

From the Times of Malta, November 21 http://www.timesofmalta.com/articles/view/20111121/business-news/Maltese-tax-residency-rules-for-foreign-nationals.394758 聯The Maltese government has said it is looking at different schemes in addition to the ... Read More

Ricky, I will hopefully come to Malta. When? Ask the Inland Revenue. I wrote one week ago they were ready to open the applications for HNWI, but I was wrong. They need more time to fix some details. Eleven months after they had suspended the old ... Read More

George, I could not find the estimate for Malta. Probably, as you say, the current value of the euro is about right. But tourism is an important source of revenue, and if some Mediterranean countries devalued, Malta would be priced out of the market ... Read More

The external value of the euro is an average based on the strength of the different economies. So the euro is much lower than the D Mark would be and much higher than the Italian or Maltese Lira would be. The consequence is an explosion of the trade ... Read More